Power Of Attorney By A Partnership Firm
KNOW
ALL MEN BY THESE PRESENT that I, SD, partner of the firm M/s ., authorised by
the other partners appoint for and on behalf of my firm Mr. RS, the Manager if
the firm, as attorney of the firm above named to do, execute and transact all
such acts, deeds and things as he thinks necessary, proper, expedient or
conducive to the efficient transaction and carrying n the business of the firm.
In particular he is authorised to do, execute, and transact the following deeds
and matters so long he remains in the service of the firm:
1. The said attorney is
authorised to make, execute and effect all agreements in general and agreement
for purchase of Cars, Scooters, and Trucks on hire purchase, in particular.
2. The said attorney is
authorised to make all kind of sales and purchase and do all other works
concerning with loans and advances as they think necessary and expedient in the
interest of the business of the firm.
3. The said attorney is authorised to draw,
accept, accept, negotiate, pay or satisfy bills of exchange, promissory note,
hundis, cheque, draft.
4. The attorney is authorised to
place order on my behalf, retire the documents from the bank, make payments,
receive payments on behalf of the firm.
5. The attorney is authorised to
conduct, supervise and control the correspondence. The attorney shall deal with
those having dealings with the firm and shall deal with the Government, Semi
Government Offices Semi-Government Offices and Local Bodies, with firms,
companies, persons and individuals for and on behalf of the firm.
6. The attorney is authorised to
demand, collect and give effectual bona fide discharge of all debts, hire
monies advances and other dues and to take, prosecute and use all lawful means
for recovery and realisation of the amount of the firm.
7. The said attorney is
authorised to purchase movable and immovable properties for and on behalf of
the firm and acquire rights, lease, and licenses for and on behalf of the firm.
8. The attorney is authorised to
sell or otherwise transfer any property, whether movable or immovable , in the
ordinary course of the business of the firm and in the interest of the firm.
9. The attorney is authorised to
borrow the money from the bank and accept deposits for the purpose of the
business of the firm.
10. The Attorney is authorised to
pledge, mortgage, hypothecation of securities , bonds, negotiable instruments
or other assets of the firm in the interest of the business of the firm.
11. The attorney is authorised to look
after all the matters concerning with sales tax, income-tax, Semi Government
Bodies, local authorities, Corporation , Companies, firms, persons and
individuals including Tribunals and arbitrators.
12. The said attorney is authorised to
sign plaints, written statements, memorandum of appeals, revision of all kinds
as attorney of the firm.
13. The attorney is authorised to
appoint advocate/advocates to look after Civil and Criminal matters of the firm
and appoint tax advocate/advocates to look after the matters concerning with
Sale-tax and Income tax.
14. The attorney is authorised to file
and get back papers and documents and obtain refunds to stamp duty sales-tax
and income-tax for an on behalf of the firm.
15. The said attorney is authorised to
bid and purchase property at sales in execution of decree or court orders.
16. The attorney is authorised to take
delivery of property or goods purchased or of money realised in execution of
decree of the Court or order of any authority.
17. The said attorney shall receive
summons and notices of the Courts and Government departments for and on behalf
of the firm.
18. The attorney shall appoint
Manager, Accountant, typist, Steno, clerks and peons, etc. for the firm on such
salaries or remuneration as he thinks proper and expedient in the interest of
the firm.
19. The attorney is authorised to
suspend or terminate any of the employee of the firm after proper investigation
of the misconduct of the employee who is suspended or terminated.
20. The attorney shall attend all the
meetings of any firm, association, companies, corporations committees, etc for
and on behalf of the firm and its partners.
21. Generally the attorney shall act
as General Manager and over all in-charge of the firm and its affairs and do
all the things concerning with the firms in its best interest.
22. The firm and its partner agree
that all the works done by the attorney in execution of this duty shall be
binding on firm and its partners.
IN
WITNESS WHEREOF, I have signed this power of attorney in the presence of the
following witnesses:
Witnesses
1.
For Singh Automobiles
2.
Signature
(SD)
Partner
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